Bitcoin On-Chain Activity Slumps Below 365-Day Average – Is Momentum Losing Steam?

Bitcoin’s Price Rally Raises Sustainability Concerns Amid Weak On-Chain Activity

Bitcoin’s recent price action has been a rollercoaster, with a dramatic flash crash to $102,000 on October 9, followed by a swift recovery. However, the underlying on-chain data tells a more nuanced story, one that raises questions about the sustainability of Bitcoin’s current price levels and the health of its network fundamentals. The Bitcoin Network Activity Index, a metric that tracks… Source

Bitcoin On-Chain Activity Slumps Below 365-Day Average - Is Momentum Losing Steam?

Following Bitcoin’s (BTC) brutal sell-off on October 9, which saw the top cryptocurrency by market cap flash crash to $102,000 before recovering most of its losses, on-chain signals now show that there has been a noticeable decline in the Bitcoin network usage for most of 2025. Bitcoin On-Chain Fundamentals Losing Strength? According to a CryptoQant Quicktake post by contributor TeddyVision, Bitcoin’s Network Activity Index has been consistently…

Bitcoin On-Chain Activity Slumps Below 365-Day Average – Is Momentum Losing Steam?

Following Bitcoin’s (BTC) brutal sell-off on October 9, which saw the top cryptocurrency by market cap flash crash to $102,000 before recovering most of its losses, on-chain signals now show that there has been a noticeable decline in the Bitcoin network usage for most of 2025. Bitcoin On-Chain Fundamentals Losing Strength? According to a CryptoQant...